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Food prices are on the rise. The consumer price index for all food rose 3.1% from February 2025 to February 2026, according to the USDA. This jump has put a major strain on Americans’ food budgets. Some 52% of people told Lending Tree they’re spending more on food this year than they were last year, […]

Intel (INTC) reported April 1 that it will repurchase Apollo Global Management’s 49% stake in the joint venture tied to Fab 34 in Leixlip, Ireland, for $14.2 billion. The company plans to fund the deal with existing cash and about $6.5 billion of new debt, and it said the transaction should support profitability and its

Oracle has begun laying off employees across multiple regions as the cloud technology giant restructures its workforce while investing heavily in artificial intelligence. Employees began receiving layoff notifications on Tuesday, March 31, according to a Business Insider report citing internal emails sent to affected workers. While the exact number of employees to be reduced has

Readers have called me a Luddite, and worse, for questioning the safety of automated vehicles in the past, despite growing visual evidence that there are plenty of kinks left to be worked out, so the National Transportation Safety Board’s latest findings on vehicle automation are particularly eye-opening. On Tuesday, the NTSB held a meeting to

If you care about markets, you need to care about one narrow stretch of water you will probably never see in person. I’m talking about the Strait of Hormuz, the thin blue line on a map that decides what you pay for gas, how your stocks trade, and how close the world sits to a

The AI trade has been anything but smooth in 2026. After a strong run, investor sentiment has shifted in recent months. Many artificial intelligence stocks have sold off sharply, and investor anxiety has risen alongside them.  But not every analyst is running for the exits. Morningstar sees the pullback as a chance to buy well-capitalized

CVS is making a comeback with a new store concept. The company is repositioning itself as a health brand. Instead of being the store to quickly stop by for your favorite snacks and pick up some painkillers for your headache while you are there, the company wants to go back to its core business: health

SpaceX has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission, putting Elon Musk’s rocket and satellite company on track for what could be the largest stock market debut in history. The filing was first reported by Bloomberg on April 1 and quickly confirmed by CNBC, Reuters, and the Wall

The decline of cable has hurt many stations, which have not only lost viewers, but get less money in carriage fees from the companies that carry their channels. It’s a universe that has shrunk greatly over the past decade. “There are a few ways to view the decline of the pay TV bundle. In our

Morgan Stanley just unpacked the gold trade in a direct, no-nonsense way. Investors are misreading gold’s recent moves, since the current headwinds are different this time, Morgan Stanley Metals and Mining Commodity Strategist Amy Gower said in a recent Bloomberg interview.  Though gold isn’t a broken story, the near-term setup isn’t as conducive as it